USD/CAD - US Dollar Canadian Dollar, European Session - 30/05/08
0,9888. USD CAD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. We won’t take a position.
Resistances
0,9900 - 0,9940
Supports
0,9880 - 0,9835
Source :
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